United States

Chazen Global Insights

Government — and democracy — is in crisis. So said John Micklethwait, editor-in-chief of The Economist, in a recent talk titled “Government is Broken, and Big Business Needs to Help Fix It.” The talk was sponsored by the Jerome A. Chazen Institute of International Business and moderated by Glenn Hubbard, dean of Columbia Business School.

Who, if anyone, can predict the future of the world economy? Glenn Hubbard, the Russell L. Carson Professor of Finance and Economics and dean of Columbia Business School, separates the known from the unknowable.

Five years after Lehman Brothers collapsed, no one in the United States or Europe can claim that prosperity has returned, says Joseph E. Stiglitz, a Nobel Laureate and University Professor at Columbia University.

The global economy has at its center a dysfunctional political regime that generates recurrent threats of default on the world’s major reserve asset, says the former Under-Secretary-General of the United Nations for Economic and Social Affairs.

Christine Lagarde, head of the IMF, says the glass ceiling is only part of the gender inequality problem. The broader question: do women have the same opportunities to participate in labor markets in the first place?

The former chancellor of Austria lays out a case for a free-trade agreement between the United States and the European Union. The barrier: many Europeans tend to overemphasize risk when assessing opportunities.